Rapido bags $240M from Prosus at $3B valuation, fueling ride-hailing showdown
Bengaluru-based Rapido raised $240M in primary capital led by Prosus, valuing the bike-taxi unicorn at $3B as part of a larger $730M round. Capital will fund deeper penetration in 400+ cities, new market entries, and tech investment, sharpening its battle with Uber, Ola, and Namma Yatri.
Rapido bagged $240M from Prosus at a $3B valuation, part of a $730M round to expand into 400+ cities and battle Uber, Ola, and Namma Yatri.
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